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Reuters:
China-based Tencent Music raises ~$1.1B in US IPO, valuing the company at $21.3B, after pricing its shares at the bottom of its targeted range   —  NEW YORK/HONG KONG (Reuters) - China-based music streaming company Tencent Music Entertainment Group (TME.N) has raised close to $1.1 billion …
Dec 11, 2018, 9:25 PMIn context
Joseph Menn / Reuters:
Hardware maker Supermicro says review by an outside investigations firm found no evidence of any malicious chips in its current or older motherboards   —  SAN FRANCISCO (Reuters) - Computer hardware maker Super Micro Computer Inc told customers on Tuesday that an outside investigations firm …
Dec 11, 2018, 9:05 AMIn context
Reuters:
Enterprise software provider Tibco acquires French data management company Orchestra Networks, sources say valuing it in the low hundreds of millions of dollars   —  (Reuters) - TIBCO Software Inc, a large privately-held business software provider, is acquiring French data management company Orchestra Networks …
Dec 10, 2018, 5:15 AMIn context
Reuters:
Sources: Chinese AI company Megvii, whose Face++ facial recognition tech is popular among developers worldwide, is in talks to raise $500M at a $3.5B valuation   —  HONG KONG (Reuters) - Chinese artificial intelligence provider Megvii Inc, commonly known as Face++, is targeting to raise $500 million …
Dec 10, 2018, 12:30 AMIn context
Reuters:
Sources: Slack has hired Goldman Sachs to lead its IPO, expected in 2019, which it hopes will fetch a valuation of well over $10B   —  (Reuters) - Slack Technologies Inc, a provider of chat and direct messaging services for businesses, has hired investment bank Goldman Sachs Group Inc (GS.N) …
Dec 7, 2018, 5:47 PMIn context
Reuters:
EU's technology commissioner: EU should be worried about Huawei and other Chinese tech companies because of the risk they pose to its industry and security   —  BRUSSELS (Reuters) - The European Union should be worried about Huawei [HWT.UL] and other Chinese technology companies because of the risk …
Dec 7, 2018, 12:05 PMIn context
Vibhuti Sharma / Reuters:
IBM to sell seven of its software products, including Notes, Domino, BigFix, and Unica, to India-based IT services company HCL for $1.8B   —  (Reuters) - International Business Machines Corp (IBM.N) said on Thursday it will sell some of its software products business to Indian software services …
Dec 6, 2018, 8:40 PMIn context
Aparajita Saxena / Reuters:
Lyft says it has filed with the SEC for an IPO, hasn't specified the number of shares it is selling or their price range; sources say IPO is slated for H1 2019   —  (Reuters) - Ride-hailing company Lyft Inc on Thursday filed with the U.S. Securities and Exchange Commission for an initial public offering …
Dec 6, 2018, 8:00 AMIn context
Joseph Menn / Reuters:
Jon Callas, co-founder of Silent Circle, Blackphone, and PGP Corp, has left his senior security role at Apple to take a job at the ACLU   —  SAN FRANCISCO (Reuters) - A senior Apple Inc security expert left for a much lower-paying job at the American Civil Liberties Union this week …
Dec 4, 2018, 4:10 PMIn context
Alexander Cornwell / Reuters:
Middle East ride-hailing service Careem says it has launched a bus-booking service in Egypt and will soon expand it into Saudi Arabia and Pakistan   —  DUBAI (Reuters) - Middle East ride-hailing company Careem said on Monday it had launched a bus-booking service in Egypt and would soon expand it into Saudi Arabia and Pakistan.
Dec 3, 2018, 12:15 PMIn context

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